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Jul 11, 2011
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complex of building, helping, developing projects that's going on that really are designed to be one big branch stray teemingic thing wherever you look in the middle east, and that is to shore up the strength, the responsiveness of the state wherever they look, whether with iraq or iraq today or afghanistan to prevent pakistan from continuing to sell the idea of a two-state solution for israel and palestine are all within the concept of the international space system. that is, we don't have strong systems and things are going in the wrong direction. >> host: what i see on the ground when i travel often to afghanistan is to be honest with all the power of the u.s. military, we have an up credibly well-led military, but in the end that's not enough to substitute for the poor government there is and the institutions provide, and it's like, you know, we're pushing this rock uphill and we just never quite get there. i'm sure you wouldn't disagree and it's hard to find anybody to defend president karzai's government. >> guest: that's true too. it brings us back to democratization and that proc
complex of building, helping, developing projects that's going on that really are designed to be one big branch stray teemingic thing wherever you look in the middle east, and that is to shore up the strength, the responsiveness of the state wherever they look, whether with iraq or iraq today or afghanistan to prevent pakistan from continuing to sell the idea of a two-state solution for israel and palestine are all within the concept of the international space system. that is, we don't have...
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Jul 10, 2011
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but of course in the conflict of building, helping, developing projects going on designed to do one big strategic thing wherever you look in the middle east and that is to shore up the strength and responsiveness of the state's wherever we look whether it's iraq or afghanistan to prevent pakistan from continuing to fail, the idea of the two-stage solution for israel and palestine or all within the concept of the system and if we don't have strong response things are going in the wrong direction. >> host: what i see on the ground and a travel to afghanistan is to be honest with all the power of the u.s. military you have an incredibly confident will lead military. in the and that's not enough to substitute for the government's of the afghan states and institutions provide and and pushing we just never quite get there. it's hard to find anybody -- >> guest: that's true, too. this brings us back to something like democratization and the culture in their view is going to be something where the people will have a way if you change those that are going to run their government. this is somethi
but of course in the conflict of building, helping, developing projects going on designed to do one big strategic thing wherever you look in the middle east and that is to shore up the strength and responsiveness of the state's wherever we look whether it's iraq or afghanistan to prevent pakistan from continuing to fail, the idea of the two-stage solution for israel and palestine or all within the concept of the system and if we don't have strong response things are going in the wrong...
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Jul 24, 2011
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no big deal. folks in florida, folks in new orleans, folks in biloxi, the fires completely wiped out their homes. ask the people at ground zero. how long now your ready? qaeda one you all to become sick and think about it all the time, but my challenge to you is this. think about the risk wherever you live, or every worker and how prepared you are to deal with that risk? i know in washington the first spot is the biggest risk is a terrorist incident. how many of you were here on september 11? how was it, but i heard the stories about people trying to get from this area across the bridges. some people trying to get to the plane and it's taking them eight or ten hours. he didn't have to be september 11th. dirty bomb, some guy that has just given away too long and takes out a substation. happens to be just the right substation. a blackout in of three your four. it was a squirrel or something that took it out. all it has to be. everybody thinks about that, fema which owns no planes, trains or automobi
no big deal. folks in florida, folks in new orleans, folks in biloxi, the fires completely wiped out their homes. ask the people at ground zero. how long now your ready? qaeda one you all to become sick and think about it all the time, but my challenge to you is this. think about the risk wherever you live, or every worker and how prepared you are to deal with that risk? i know in washington the first spot is the biggest risk is a terrorist incident. how many of you were here on september 11?...
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Jul 18, 2011
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you could be a big brother or big sister. there's just a million things he could do that you don't have to have any money. all you have to have his time in months. >> what e.g. do about the iphone in between? >> about that who? >> the iphone in between. >> all this technology with the young and our text messaging have been split off from the older generations more than ever before. >> well, it's going to take a generation for that to adjust. let's hope that more information will lead to better information and will be better off for it then worse off. i hope that the case for cnn. we've been going through one technological revolution for the last 50 years. i mean, you go back we were born, just seven years ago, they didn't have television. they didn't have nuclear power and nuclear weapons. they didn't have computers. i mean, we had typewriters and carbon paper. we were let me to have a phone or electricity. some people in america didn't have electricity. so you know, we made tremendous progress. we really have technologically
you could be a big brother or big sister. there's just a million things he could do that you don't have to have any money. all you have to have his time in months. >> what e.g. do about the iphone in between? >> about that who? >> the iphone in between. >> all this technology with the young and our text messaging have been split off from the older generations more than ever before. >> well, it's going to take a generation for that to adjust. let's hope that more...
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Jul 17, 2011
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the middle of a huge complex, building, helping, developing projects that really is designed to one big grand strategic thing. were every look in the middle east, and that is to shore up the strength, the responsiveness of the state. wherever we are looking whether it is with iraq or iran today, or afghanistan, to prevent pakistan from continuing to fail. the idea of a two-state solution for israel and palestine, and they are all within the concept of this international state. that is, we don't have strong response of state. things are going in the wrong direction. >> host: what i see on the ground, and i travel often to afghanistan, is to be honest, with all the power of the u.s. military, we have an incredibly confident and well led military. in the and that's not enough to substitute for the governance that the afghans and institutions provide. and so it's like, you know, pushing a rock up a hill. we just never quite get there. i'm sure you wouldn't disagree. it's hard to find anybody, -- >> guest: that is true. but good governance brings us back to something like democratization. so
the middle of a huge complex, building, helping, developing projects that really is designed to one big grand strategic thing. were every look in the middle east, and that is to shore up the strength, the responsiveness of the state. wherever we are looking whether it is with iraq or iran today, or afghanistan, to prevent pakistan from continuing to fail. the idea of a two-state solution for israel and palestine, and they are all within the concept of this international state. that is, we don't...
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Jul 12, 2011
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it was a big deal in the states and from each other from michigan or the guy to washington to help calm social service programs in the district of columbia. it was the political lives working with the african american women who lived there to stitch together a safety net for the citizens of the nations capital. there was always the challenge to the political wife of figuring out how to entertain on no money at all, and of course she was expected to be the perfect wife and mother. mrs. ford played out those roles and itu cup scarred denmark's were innocuously sweets until you've tried it. sunday school teacher, lee during the congressional lasker. and yet her official title is a blasphemous political wives was housewife. it was a title she shared with many american women and it gave her a great understanding about what women slaves relate. she said once, been a good housewife seems to be a much tougher job than going to the office and getting paid for it. she was given worst of the dirty little secret that men always do. over the her she spoke out more forcefully for women's rights. mrs.
it was a big deal in the states and from each other from michigan or the guy to washington to help calm social service programs in the district of columbia. it was the political lives working with the african american women who lived there to stitch together a safety net for the citizens of the nations capital. there was always the challenge to the political wife of figuring out how to entertain on no money at all, and of course she was expected to be the perfect wife and mother. mrs. ford...
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Jul 24, 2011
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no big deal. ask the folks in florida, ask the folks in new orleans. ask the folks in gulfport, biloxi, people in california where the fires completely wiped out their homes. ask the people at ground zero. how long are you ready? i don't want y'all to become sicko like me and think about it all the time. my challenge to is this: think about the risk wherever you live and work. how prepared are you to deal with that risk? it doesn't have to be -- i know in washington the first thought is the biggest risk is terrorists. how many were here on 9/11? i wasn't. i heard the stories from people trying to get from their area just to get across the bridges. trying to get to mcclane. you didn't have to be at 9/11. it could have been a dirty bomb, some guy at 495 that has driven too long and taking out a substation. and the black out in '03 or '04 where it was a squirrel that took it out. all it has to be. everything thinks that, though fema, which owns no planes, trains, or automobiles, that the dhs will be there in a new york minute. there are 300 plus million p
no big deal. ask the folks in florida, ask the folks in new orleans. ask the folks in gulfport, biloxi, people in california where the fires completely wiped out their homes. ask the people at ground zero. how long are you ready? i don't want y'all to become sicko like me and think about it all the time. my challenge to is this: think about the risk wherever you live and work. how prepared are you to deal with that risk? it doesn't have to be -- i know in washington the first thought is the...
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Jul 31, 2011
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the floor here from the state of pennsylvania has come in and said defaulting on the debt is not that big a deal. it can be, quote in his words, easily managed. does the senator from arizona agree with that thinking? mr. mccain: as the senator may know, i came to the floor a couple of days ago and made that comment, and the senator from illinois and i are in agreement, point number one. you can prioritize -- i think the senator and every economist i know literally would agree. you can prioritize for awhile where you want what remaining money is left. but the message you send to the world, not just our markets but to the world, that the united states of america is going to default on its debts is a totally unacceptable scenario and beneath a great nation. we are in agreement, number one. mr. durbin: amen. mr. mccain: number two is that to insist, to insist that any agreement is based on the passage through the united states senate of a balanced budget amendment to the constitution of the united states, as i said before, is not fair to the american people because, because the terrible obstr
the floor here from the state of pennsylvania has come in and said defaulting on the debt is not that big a deal. it can be, quote in his words, easily managed. does the senator from arizona agree with that thinking? mr. mccain: as the senator may know, i came to the floor a couple of days ago and made that comment, and the senator from illinois and i are in agreement, point number one. you can prioritize -- i think the senator and every economist i know literally would agree. you can...
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Jul 4, 2011
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and, of course, we have a conversation about india and pakistan, the big piece of that we haven't talked about at all is china. you are of the view that some of the current almost hysteria about the rise of china and what it would mean for the long-term consequences to american power has been broadly over seed in the u.s. tell me why. >> guest: statistics. there are 1.3 billion people in china. 600 million of them live in households earning less than $3 a day. 440 million live in households earning between three and $6 a day. in other words, china over 80% of it lives in poverty that is sub-saharan. there's a china that has about 69 people. they have average income of $20,000 a year. which is the size of france. it's not a trivial number but it's less than 5% of china. that china cannot sell to china. they're trying to find ways to do. you can't sell pipettes to a person who earns $3 a day. they are the hostage of the way. a gun pointing at the head of china is the rising american savings rate. every dollar not spent at wal-mart is taken out of the chinese hide. the chinese are desperate
and, of course, we have a conversation about india and pakistan, the big piece of that we haven't talked about at all is china. you are of the view that some of the current almost hysteria about the rise of china and what it would mean for the long-term consequences to american power has been broadly over seed in the u.s. tell me why. >> guest: statistics. there are 1.3 billion people in china. 600 million of them live in households earning less than $3 a day. 440 million live in...
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Jul 3, 2011
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he's a big fan. >> i'm from maryland originally. they've got a growing tea party movement, though. >> nice to meet you. >> pleasure meeting you. >> yes, please. tom. >> i is an current family in maryland. [inaudible conversations] for who clark thank you. >> hello. >> for more again? what he doing in washington? does this for you? i'm glad you were in town for that. was the graduation? >> students are graduating tomorrow. thank you very much. >> this way, sir. >> nice to meet you. sir with an h. >> you got it. >> what are we doing in libya? >> methane. >> thank you. nice to meet you, erica. he looks familiar. >> this is for my dad, hoss. that would be lovely. thank you for all you do. >> that's because i always play mine. >> struggling under the iran thing. [inaudible conversations] [inaudible conversations] >> what are you trying? >> the last person who had done that. >> no, i talked to the staff there. he's not gone. >> can you have a cocktail and then we can finish this? >> you look as great as ever. >> you also mention mccarthy.
he's a big fan. >> i'm from maryland originally. they've got a growing tea party movement, though. >> nice to meet you. >> pleasure meeting you. >> yes, please. tom. >> i is an current family in maryland. [inaudible conversations] for who clark thank you. >> hello. >> for more again? what he doing in washington? does this for you? i'm glad you were in town for that. was the graduation? >> students are graduating tomorrow. thank you very much....
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Jul 11, 2011
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that's a lot of big complicated ideas there but maybe you could unpack that for us 'cause i found that really at the heart of the arguments you're making here. >> this book and some of the others here but the aallowi is perhaps the most comprehensive of intellectuals of the muslim world for taking on this very, very seriously. and they have to have a great deal of respect because they are turning away from it. they are not giving us the easy answers. they are not putting any veils over things. and it really does come down to -- the only way i see it, it's very hard to see true muslims being able to do this. but there are some ideas here that are coming to the floor and i treat these as well that shows some indications that there is in islam, in even traditional islam, there are plenty of places to go in the theology of it where if you want to do it, you can find that -- what you want to do in terms of moving toward a more procedural more modern way can be done -- >> host: it does shrink the role and claims of its vis-a-vis safe. >> guest: the one thing that i think is the key to this a
that's a lot of big complicated ideas there but maybe you could unpack that for us 'cause i found that really at the heart of the arguments you're making here. >> this book and some of the others here but the aallowi is perhaps the most comprehensive of intellectuals of the muslim world for taking on this very, very seriously. and they have to have a great deal of respect because they are turning away from it. they are not giving us the easy answers. they are not putting any veils over...
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Jul 13, 2011
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this notion that we didn't deal with too big to fail. there are a couple of areas where i see the colleagues in climate change and health care don't want to take it on because it's still too popular. coming to the defense of derivative trading is not a particular cause. they are coming at it sideways. one is to try to use the deficit as an excuse for under funding the scc and cftc. they are being denied the funds that it needs that is a small percentage for wasting infrastructure in afghanistan. the notion that the cftc that the 80 or $90 billion more that we need can't be done because of the deficit that people spent in $147 billion so we can keep subsidizing american farmers is nonsense. similarly with the fcc they want to turn in. they will bring in more money to the system than it will be given to run it. that's one effect. in fact, what you have running here is a catch 22. first, deny the fcc and cftc adequate funding. they in turn are not able to deal with the rulemaking requirements that they have. then because we haven't been abl
this notion that we didn't deal with too big to fail. there are a couple of areas where i see the colleagues in climate change and health care don't want to take it on because it's still too popular. coming to the defense of derivative trading is not a particular cause. they are coming at it sideways. one is to try to use the deficit as an excuse for under funding the scc and cftc. they are being denied the funds that it needs that is a small percentage for wasting infrastructure in...
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Jul 30, 2011
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indeed, that would just give a blank check to the big spenders. they could run for two years. and why is it so important to get a longer debt, bigger debt ceiling increase? and i also thought and believe we have an agreement that the debt ceiling shouldn't be increased more than spending is decreaseed. spending decreased over ten years. you cut $1 trillion, you raise the debt ceiling $1 trillion. we give you ten years on spending cuts, but immediately you get a $1 trillion increase in the debt ceiling. why are we in this fix? this is why. i hate to say it. this is why, there is no doubt about it. the president said last week the only bottom line that i have is that we extend this debt ceiling through the next election until
indeed, that would just give a blank check to the big spenders. they could run for two years. and why is it so important to get a longer debt, bigger debt ceiling increase? and i also thought and believe we have an agreement that the debt ceiling shouldn't be increased more than spending is decreaseed. spending decreased over ten years. you cut $1 trillion, you raise the debt ceiling $1 trillion. we give you ten years on spending cuts, but immediately you get a $1 trillion increase in the debt...
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Jul 16, 2011
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older people who are semi retired, all kinds of social work, you could be a big brother or big sister, a million things that you don't have to have any money. all you need is your time and your love. >> what to do about the iphone? the iphone in between? all the technology the young are so dependent on. they have been split off from the older generations more than ever before. >> it will take a generation to adjust. a bit more information will lead to better information and will be better off more than worse off. i hope that is the case with cnn. we are going for one technological revolution after another particularly for the last 50 years. when you go back when we were born 70 years ago they didn't have television. they didn't have nuclear power. they didn't have computers. we had typewriters and carbon paper and telephone booths. we were lucky to have a phone or electricity. some people didn't have electricity. we have made tremendous progress technologically. our real challenge has been to keep up. to keep our social structure up to and able to cope with the technological advances
older people who are semi retired, all kinds of social work, you could be a big brother or big sister, a million things that you don't have to have any money. all you need is your time and your love. >> what to do about the iphone? the iphone in between? all the technology the young are so dependent on. they have been split off from the older generations more than ever before. >> it will take a generation to adjust. a bit more information will lead to better information and will be...
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Jul 7, 2011
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i hope they think big. i hope they swing for the fences and get a result and bring it back to us and let us consider it and hopefully -- hopefully enact it and get on to other things. we -- the debt is a major long-term problem, not just for our grandchildren but for us today. we have a bigger issue facing us, and that is the fact that we have had persistent unemployment in an economy that's not growing, and that's hurting too many people. so the sooner we swing for the fences and get a result and get our debt under control and deal with it in a bipartisan way, the better for the country and the quicker we will be able to get on to the larger question of jobs. of course, economists have made it clear to us that getting the debt under control has a lot to do with jobs, that when our total debt is as high as it is today, nearly 100% of our gross domestic product, that that probably costs us a million jobs a year. we can't solve all that in one day or one month, but we can take a big step in the right directio
i hope they think big. i hope they swing for the fences and get a result and bring it back to us and let us consider it and hopefully -- hopefully enact it and get on to other things. we -- the debt is a major long-term problem, not just for our grandchildren but for us today. we have a bigger issue facing us, and that is the fact that we have had persistent unemployment in an economy that's not growing, and that's hurting too many people. so the sooner we swing for the fences and get a result...
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Jul 13, 2011
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it would have three big teaches and, again, the details of these -- it would have three big features, and again the details would be outlays need to equal revenues. that is the fundamental definition of a balance. you don't run deficits. you make sure that you spend no more than you take n the sieged thing that some of us feel strongly about and i'm one of them, we ought to limit spending as a percentage of our economy so that the government doesn't keep growing at the expense of the private sector, which is exactly what happens when the government occupies too large a segment of our economy. and finally, we've advocated that we not create a mechanism that simply guarantees big tax increases in order to balance the budget and to do that we would like -- and we have included a supermajority requirement to raise taxes. so that a simple majority wouldn't be enough. it would require a supermajority, which would only occur presumably in truly extraordinary circumstances. see, i believe very strongly that we can have strong economic growth and the job creation that we need. but to get there
it would have three big teaches and, again, the details of these -- it would have three big features, and again the details would be outlays need to equal revenues. that is the fundamental definition of a balance. you don't run deficits. you make sure that you spend no more than you take n the sieged thing that some of us feel strongly about and i'm one of them, we ought to limit spending as a percentage of our economy so that the government doesn't keep growing at the expense of the private...
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Jul 30, 2011
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on the one hand we have people who say the government has grown too big. republicans are saying we cannot afford it anymore. it is hurting the economy. it's a vision for the future that is very, very different from our colleagues across the aisle who basically see government as much more engaged in the process and don't want to cut back on a number of programs, a number of initiatives, a number of policies that have been put in place over a number of years. and it's not quite that clearly divided by this aisle. there are people on both sides that have shades of one way or shades of the other way. but the reality is, if we look around the world and we lack at models as to what makes economies flourish and what makes governments financially stable, we see that an overgrowth of promises, an overpromising parliaments and congresses finally brings us to the point where you no longer can afford what you promise people. that's where we are now. and so without putting those practices in place, i fear that whatever we do won't be sufficient. we'll get the downgrade
on the one hand we have people who say the government has grown too big. republicans are saying we cannot afford it anymore. it is hurting the economy. it's a vision for the future that is very, very different from our colleagues across the aisle who basically see government as much more engaged in the process and don't want to cut back on a number of programs, a number of initiatives, a number of policies that have been put in place over a number of years. and it's not quite that clearly...
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Jul 5, 2011
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so big bush said -- h.w. said when his son came back, it was like having a reunion. >> guest: yes. >> host: little bush must have felt at some level, there was familiar territory. >> guest: that's interesting. sometimes people don't realize that they say. when president clinton came into office, he was not accustom to having servants or people on the household staff. he never had that -- some of that in arkansas as a governor, but nothing like a wealthy american would have. which president bush were. they didn't know how to deal with the household staff. hillary and bill clinton. they were wondering why are they here at night? are they spying on it? what's it all about? then they realized they had duties. >> host: they thought they were spying, things might have turned out differently; right? >> guest: yeah, looking back on it, you can see people not accustom to having staff at their elbow, do i have any time to myself? >> host: right. >> guest: as time went on, the staff game to like and respect. initially,
so big bush said -- h.w. said when his son came back, it was like having a reunion. >> guest: yes. >> host: little bush must have felt at some level, there was familiar territory. >> guest: that's interesting. sometimes people don't realize that they say. when president clinton came into office, he was not accustom to having servants or people on the household staff. he never had that -- some of that in arkansas as a governor, but nothing like a wealthy american would have....
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Jul 26, 2011
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we can't get the big things going. the overarching issues and serving the discrimination issues are one of the things we deal with. if it's okay with you, i would like to take this opportunity to ask my colleague, leonard boswell, to take my seat. i would like to get out of town before the faa shuts down. [laughter] so thank you very, very much for the opportunity. [applause] >> not often you have the luxury of having a reserve congressman. [inaudible] >> congressman connolly haven't heard from you so if you'd like to her housemates be i know time is short. i just want to salute all of you for having this and the thought process. we are certainly in a crisis, and you all know that. and history is going to be written. what's it going to say? i was somewhat relieved, even as for mr. summers to leave town. i wonder what would have to do to get mr. geithner to leave. i'm glad to see them go back and do what he does well. he's a good professor. i would like to see the other gentleman go do what he does well. we are in a cri
we can't get the big things going. the overarching issues and serving the discrimination issues are one of the things we deal with. if it's okay with you, i would like to take this opportunity to ask my colleague, leonard boswell, to take my seat. i would like to get out of town before the faa shuts down. [laughter] so thank you very, very much for the opportunity. [applause] >> not often you have the luxury of having a reserve congressman. [inaudible] >> congressman connolly...
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Jul 10, 2011
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what's the big deal? >> and a naturalized u.s. citizen could be governor of arizona not perhaps tomorrow but it could happen. >> absolutely. [inaudible] born in mexico? >> and number of people born in mexico a lot in the position. >> needless to say not only mexicans but secretaries of state, etc.. >> we want to give everybody an opportunity for dialogue if you wouldn't mind raising your hand introducing yourself i'm going to start with the co-sponsor of this and then come back to jimmy. >> thank you. i'm the director of the program to america, and we have had a great collaboration with jorge and i had the privilege of editing to him from time to time at the various newspapers and it's always been an intellectual privileged to work with you and i really congratulate you on this book which is fantastic. i had the opportunity to finish it yesterday. i wanted to ask you, one of the most riveting passages was your description about the lack of social cohesion and civic engagement in mexico. when you look at the statistics of associati
what's the big deal? >> and a naturalized u.s. citizen could be governor of arizona not perhaps tomorrow but it could happen. >> absolutely. [inaudible] born in mexico? >> and number of people born in mexico a lot in the position. >> needless to say not only mexicans but secretaries of state, etc.. >> we want to give everybody an opportunity for dialogue if you wouldn't mind raising your hand introducing yourself i'm going to start with the co-sponsor of this and...
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Jul 27, 2011
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and it's not small, it's big. and so there is $60 billion a year that -- i mean over ten years that we could save just by reforming the social security and disability system. and that doesn't say you don't want to help people that are disabled. it says you want to do what's the best thing for our country and help those people that are disabled. but we have undermined and we have taken advantage of those who need our love and care and they cheat the system and we have a bureaucracy that doesn't take them off the system, and we have an incompetent system of jurisprudence within the social security administration that puts people on that should never be on. but the attack comes that you don't care about people if you -- if, in fact, you want to fix this program. social security, everybody says don't touch social security. this congress and the congress before it has stolen stolen $2.5 trillion from the money you have put into social security. they have written a little bitty i.o.u. note there and said, well, when you
and it's not small, it's big. and so there is $60 billion a year that -- i mean over ten years that we could save just by reforming the social security and disability system. and that doesn't say you don't want to help people that are disabled. it says you want to do what's the best thing for our country and help those people that are disabled. but we have undermined and we have taken advantage of those who need our love and care and they cheat the system and we have a bureaucracy that doesn't...
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Jul 7, 2011
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one is to look back in history when we've had big problems and sotions. came up with big solutions. the 1980's are a particular timg i was in the state legislaturein then and it was happening in yed washington. when i was 39 years old in 1983 ronald reagan and tip o'neill had a meeting at the whiteal house. i wasn't there but allegedly ith went something like this. the president said social security's going broke in about 20 years we just got a report. .e need to fix it. agree o'neill said i agree.to wor i'm going to work on it but i'm wi not willing llto raise the tax d o'neill said i'm willing to to k work, but i don't want to cut the benefit.ooked at the the actuary and said what we dos you push the eligibility out and get the system back in the actuarial soundness. 1 i was 39 in 1983. i would have been collecting age social security at 65 in 2010gan yut because reagan and o'nealhe got to get ready pushed mye y eligibility out by one year to age 66, 65 and now incrementally goes up two years to 67 in a few years. that's the system and actuarial7 soundness for 67 years.dden i agai
one is to look back in history when we've had big problems and sotions. came up with big solutions. the 1980's are a particular timg i was in the state legislaturein then and it was happening in yed washington. when i was 39 years old in 1983 ronald reagan and tip o'neill had a meeting at the whiteal house. i wasn't there but allegedly ith went something like this. the president said social security's going broke in about 20 years we just got a report. .e need to fix it. agree o'neill said i...
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Jul 7, 2011
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big entitlement programs. st too is on and on this americy sustainable path. the average american pays about $110,000 into medicare over his or her life time. but on average, the average american was used to benefit mec over $300,000 undramatic care. there again, it is not tough. in that is unsustainable with the n average american pays $110,000 receives the benefit of theentlt $300,000.am. ycial security, and other huges entitlement program.s this year it's taking in less than its spending on current retirees. that did reckoning was going to be several years down the road. it has been accelerated. h it is here and it tears now,n right now. social security is taking in an giving tax revenue less than it's getting and paying out benefits to retirees. and so what does this mean thath been up and up so we have mores new debt under thisebt administration, more new debt ci under president, then the debt compiled under all of theed previous presidents combined rgth george bush to the nest geo george -- the latest ge
big entitlement programs. st too is on and on this americy sustainable path. the average american pays about $110,000 into medicare over his or her life time. but on average, the average american was used to benefit mec over $300,000 undramatic care. there again, it is not tough. in that is unsustainable with the n average american pays $110,000 receives the benefit of theentlt $300,000.am. ycial security, and other huges entitlement program.s this year it's taking in less than its spending on...
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Jul 4, 2011
07/11
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and so big bush said -- h.w. said when his son came back it was almost like having a reunion. >> guest: yes. >> host: and so son -- little bush must have felt at some level, you know, these were -- this was familiar territory for him. >> guest: right. well, it's interesting. a couple of quick points about that. when a new president takes over, of course, the house stays. it's not a turnover in the household staff. some people might not realize that they stay. >> host: right. >> guest: and when president clinton came into office after bush the elder president clinton, of course, was not accustomed to having servants or people on the household staff. he had never had that kind of -- had some of that in arkansas as governor but nothing like a wealthy american would have which the bushes were. so they didn't know how to deal with the household staff, hillary and bill clinton. and so they were wondering well, why are these staffers here at night? are they spying on us? what's this all about. and they didn't know they
and so big bush said -- h.w. said when his son came back it was almost like having a reunion. >> guest: yes. >> host: and so son -- little bush must have felt at some level, you know, these were -- this was familiar territory for him. >> guest: right. well, it's interesting. a couple of quick points about that. when a new president takes over, of course, the house stays. it's not a turnover in the household staff. some people might not realize that they stay. >> host:...
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Jul 6, 2011
07/11
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there is a hell of a big difference. .. this is all good, there was nothing intrinsically sound about having backend the good old days the democratic party that encompassed both pros segregation southerners and of northeast liberals. we submit the overlap and the cohesiveness but he said this was nonsense and we have a more educated electorate we have less crosscutting relationships where we fight during the day about one issue and have bureau of might and our friends on other issues and this is something jim talked about every issue becomes left and right and predictable we are less likely to hover locations where our enemies become friends. there's a saying that they are enemies, we marry them and nothing of those sort of crosscutting relationships are the essential to keep those societies together and now, you know, they've got match.com, one of the things the match people on mr. politics and there's few locations in d.c. where enemies are friends and the sites get mixed up. >> it's a tolerance issue i think the competit
there is a hell of a big difference. .. this is all good, there was nothing intrinsically sound about having backend the good old days the democratic party that encompassed both pros segregation southerners and of northeast liberals. we submit the overlap and the cohesiveness but he said this was nonsense and we have a more educated electorate we have less crosscutting relationships where we fight during the day about one issue and have bureau of might and our friends on other issues and this...
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Jul 6, 2011
07/11
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it's a big sum of money. so we spend it in our expenditure levels, defense department, all the way through the agriculture department, everything in between, and we forgive or don't collect the same amount in the tax code. so who benefits from that? well, let's look at the basics. 70% of american taxpayers do not itemize on their tax returns. they file the standard return. they don't itemize. so the tax code doesn't mean anything to them. if there is a special deduction, unless it was a refundable tax credit -- rare category -- it doesn't help them. 70% of americans don't touch it. what are the biggest deductions under the u.s. tax code today? i in all my wisdom and education and experience on capitol hill, i raised my hand to the teacher and said well, it's the mortgage interest deduction, right? wrong. the biggest single deduction is the employers exclusion for health care premiums. so employers are able to exclude from income the amount of money they spend for health insurance for their employees. that's t
it's a big sum of money. so we spend it in our expenditure levels, defense department, all the way through the agriculture department, everything in between, and we forgive or don't collect the same amount in the tax code. so who benefits from that? well, let's look at the basics. 70% of american taxpayers do not itemize on their tax returns. they file the standard return. they don't itemize. so the tax code doesn't mean anything to them. if there is a special deduction, unless it was a...
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Jul 19, 2011
07/11
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within three years we had repealed that big luxury tax. we weren't hitting millionaires and billionaires. we were hitting the people who actually made the yachts. priet after 9/11, congress pass -- right after 9/11, congress passed an accelerated depreciation provision for the commercial aviation -- or the general aviation industry. the idea there was to make sure that 9/11 didn't hit that industry too hard and jobs would be saved. in the president's stimulus bill, that accelerated depreciation provision for commercial jets -- or business jets, rather, was reauthorized. that's the thing we're talking about here when we talk about business jets. the president has said business jets shouldn't receive that kind of tax treatment. well, the people who he said would be benefited by the stimulus package with jobs created or jobs saved are the people who will lose their jobs if that particular tax treatment is taken away. now, maybe we should look at that. i'm not against looking at that tax treatment. if we should look at it and decide it's not a
within three years we had repealed that big luxury tax. we weren't hitting millionaires and billionaires. we were hitting the people who actually made the yachts. priet after 9/11, congress pass -- right after 9/11, congress passed an accelerated depreciation provision for the commercial aviation -- or the general aviation industry. the idea there was to make sure that 9/11 didn't hit that industry too hard and jobs would be saved. in the president's stimulus bill, that accelerated depreciation...
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Jul 12, 2011
07/11
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you are married to those big solid rockets. and if there's a failure then, there is no way out for the crew. and as we saw, that was how challenger 25 years ago was destroyed. they had a malfunction in one of the rockets. it caused the whole thing to explode. i'm talking about one of the solid rockets within the first two minutes of flight. well, we're going to have a much safer way to get to and from the space station. the sad thing is, however, that the rocket for humans is not ready and it's going to take about another three years. and, therefore, it is sad that all of that finest launch team in the world at the kennedy space center, a good part of them are having to be laid off. and that will -- that employment will ramp up over the next several years as we build and launch those kind of rockets. now, there's another set of human rated rockets. i'm just talking about the manned space program now. i'm not talking about the unmanned. look what we're getting ready. this year we're going to jupit jupiter. later on, we are getti
you are married to those big solid rockets. and if there's a failure then, there is no way out for the crew. and as we saw, that was how challenger 25 years ago was destroyed. they had a malfunction in one of the rockets. it caused the whole thing to explode. i'm talking about one of the solid rockets within the first two minutes of flight. well, we're going to have a much safer way to get to and from the space station. the sad thing is, however, that the rocket for humans is not ready and it's...
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Jul 8, 2011
07/11
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so that was a big, that was a big loss. my own personal loss, i was very involved in space transportation policy making at the time, and we were passionate about the x33 program, single stage to orbit. and i learned a very important lesson which is policy never trumps physics. [laughter] so you can say whatever you want, but if you can't do it, it won't happen. and we wanted to will single stage to orbit, into existence. and we had a beautiful, lockheed came up with a beautiful concept, and it looked like the future. and we just didn't have the technology. we did not have the technology. and, ultimately, we did not have the will either. i think that i wouldn't say that national security space was a loss under our, under the administration. i think a lot of great programs were developed that we can't, i can't really take credit for any of that is what i'm saying. there were a lot of good people working, and we weren't really deeply involved in that. so i think with that i'll wrap it up. but, again, i think this is a fascinat
so that was a big, that was a big loss. my own personal loss, i was very involved in space transportation policy making at the time, and we were passionate about the x33 program, single stage to orbit. and i learned a very important lesson which is policy never trumps physics. [laughter] so you can say whatever you want, but if you can't do it, it won't happen. and we wanted to will single stage to orbit, into existence. and we had a beautiful, lockheed came up with a beautiful concept, and it...
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Jul 21, 2011
07/11
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those are the big ones. that was the sum and stance of s the sum and stains of what they came up for. what are entitlement programs? things that we're entitled to by virginia tie of our age, if we are 65 years of age, we paid into social security, medicare, we may be eligible -- will be eligible in all likelihood for medicare f we're disabled, totally disabled to work, we'll be eligible for medicare, even before age 65. if we paid into social security for a number of years, we'll be eligible foyer early retirement for sact age 62. we can take it at 67 for full retirement benefits, which i think are roughly about $2,000 per month max, something like that. but anyway, those are some things -- medicare, medicaid, social security are entitlement programs. they said they should all be on the table. they did not propose using social security to balance the budget but what they did say is say we've got a long-term problem in social security with the imbalance between now the amount of money that is coming into soci
those are the big ones. that was the sum and stance of s the sum and stains of what they came up for. what are entitlement programs? things that we're entitled to by virginia tie of our age, if we are 65 years of age, we paid into social security, medicare, we may be eligible -- will be eligible in all likelihood for medicare f we're disabled, totally disabled to work, we'll be eligible for medicare, even before age 65. if we paid into social security for a number of years, we'll be eligible...
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Jul 7, 2011
07/11
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of course they'd be in big trouble. and the senate is not in trouble but the country is in trouble because the senate is not doing its job and neither the house nor the senate did its job in the last congress for the first time ever and that's how we go into three years since we had a work document that we should have to work with. and what do we do this week? the disappointment to all three of us is we said we wanted to stay this week and deal with these issues. we started out trying to deal with the libya resolution which apparently wasn't important enough to deal with last thursday when we were going to take a week to work in our states. and then when people on the republican side said we really think we ought to be debating the reason we were supposed to stay, we still don't do that. we have this amendment -- i think it was supposed to be and is a sense of the senate that millionaires aren't paying enough taxes. now, we all understand -- we all understand the politics of that, just like we understand the politics of
of course they'd be in big trouble. and the senate is not in trouble but the country is in trouble because the senate is not doing its job and neither the house nor the senate did its job in the last congress for the first time ever and that's how we go into three years since we had a work document that we should have to work with. and what do we do this week? the disappointment to all three of us is we said we wanted to stay this week and deal with these issues. we started out trying to deal...
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Jul 28, 2011
07/11
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but he was bold and he was willing to take big, big leaps. i guess back to his early days as a broad jumper he was willing to take big, big leaps. as a staff perpendicular, he was extraordinary to work for. i've told the story of opening day. a few of us were in on that news but it had to be very closely held because you'd have created a run on all those banks if word had leaked. so even many of his staff people had no idea this was going on until he announced it. so that was kind of a shocker, and made -- it made for an interesting time to be a staff person. now, on another occasion he had a couple of raccoons bothering his -- on his property and they were bothering some -- a den of baby foxes and he didn't want the baby foxes to be killed by the raccoons so he took out a shotgun, went down to the end of his property and shot the two raccoons and then climbed this the car with his state trooper and headed off to work and of course described this exciting episode of his morning and the trooper said to him, governor, don't you realize that it'
but he was bold and he was willing to take big, big leaps. i guess back to his early days as a broad jumper he was willing to take big, big leaps. as a staff perpendicular, he was extraordinary to work for. i've told the story of opening day. a few of us were in on that news but it had to be very closely held because you'd have created a run on all those banks if word had leaked. so even many of his staff people had no idea this was going on until he announced it. so that was kind of a shocker,...